Bankwell insider Seidman buys 5,266 shares
A director and ten percent owner of BWFG reported net open‑market purchases of 5,266 indirectly held shares on September 8, 2026.
Rhea-AI Filing Summary
Bankwell Financial Group, Inc. (BWFG) director and ten percent owner Lawrence B. Seidman reported multiple open-market purchases of common stock on September 8, 2026, totaling 5,266 shares at prices in the mid-$60s per share, all reported as indirect ownership.
The purchases were made through several affiliated entities and a Deferred Compensation Plan, with post-transaction indirect holdings including 5,110 shares in the Deferred Compensation Plan, 225,640 shares by Seidman and Associates, L.L.C., and additional six-figure positions in other Seidman-related partnerships and LLCs. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,266 shares
Net Buy
12 txns
Insider
SEIDMAN LAWRENCE B
Role
Director, 10% Owner
Bought
5,266 shs ($353K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 266 | $67.11 | $18K |
| Purchase | Common Stock | 1,956 | $66.92 | $131K |
| Purchase | Common Stock | 510 | $66.95 | $34K |
| Purchase | Common Stock | 432 | $66.95 | $29K |
| Purchase | Common Stock | 1,304 | $66.92 | $87K |
| Purchase | Common Stock | 515 | $66.94 | $34K |
| Purchase | Common Stock | 283 | $66.98 | $19K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F1 | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Common Stock F4 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,110 shares (Indirect, Deferred Compensation Plan);
Common Stock — 225,640 shares (Indirect, By Seidman and Associates, L.L.C.);
Common Stock — 142,848 shares (Indirect, By Seidman Investment Partnership, L.P.);
Common Stock — 178,784 shares (Indirect, By Seidman Investment Partnership II, L.P.);
Common Stock — 133,274 shares (Indirect, By LSBK06-08, L.L.C.);
Common Stock — 137,253 shares (Indirect, By Broad Park Investors, L.L.C.);
Common Stock — 25,604 shares (Indirect, By Chewy Gooey Cookies, L.P.);
Common Stock — 21,052 shares (Direct)
Footnotes (4)
- F1. 1,455 shares of restricted stock granted on February 9, 2026, pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan with 485 to vest on February 7, 2027. 485 will vest on February 7, 2028 and 485 will vest on February 7, 2029.
- F2. 1,800 shares of restricted stock granted on February 7, 2025, pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan with 600 to vest on February 7, 2026. 600 will vest on February 7, 2027 and 600 will vest on February 7, 2028. As of the filing date, 600 shares have vested.
- F3. 1,600 shares of restricted stock granted on December 29, 2023, pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan with 533 vested on February 7, 2025, 533 will vest on February 7, 2026 and 534 will vest on February 7, 2027. As of the filing date, 1,066 shares have vested.
- F4. 1,600 shares of restricted stock granted on December 30, 2022, pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan and will vest in four equal annual installments of 25%, with the first installment vesting on January 2, 2024 and an additional 25% to vest on each annual anniversary of the vesting date thereafter. As of the filing date, 1,200 shares have vested.
Key Figures
Shares purchased (total): 5,266 shares
Purchase price range: $66.92–$67.11 per share
Deferred Compensation Plan holdings: 5,110 shares
+4 more
7 metrics
Shares purchased (total)
5,266 shares
Open-market purchases of BWFG common stock on September 8, 2026
Purchase price range
$66.92–$67.11 per share
Per-share prices across seven BWFG common stock purchase transactions
Deferred Compensation Plan holdings
5,110 shares
Indirect BWFG common stock holdings after buying 266 shares at $67.11
Seidman and Associates, L.L.C. holdings
225,640 shares
Indirect BWFG common stock position after buying 1,956 shares at $66.92
Restricted stock grant February 9, 2026
1,455 shares
BWFG restricted stock with 485 shares to vest each year 2027–2029
Restricted stock grant February 7, 2025
1,800 shares
BWFG restricted stock with 600 shares vesting annually 2026–2028; 600 vested as of filing
Restricted stock vested from December 29, 2023 grant
1,066 shares
From a 1,600-share BWFG restricted stock grant; remaining tranches vest 2026–2027
Key Terms
Deferred Compensation Plan, restricted stock, Stock Plan, vesting
4 terms
Deferred Compensation Plan financial
"Indirect ownership of 5,110 shares reported as held through a Deferred Compensation Plan"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
restricted stock financial
"Footnotes describe 1,455 shares of restricted stock granted on February 9, 2026"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Stock Plan financial
"Restricted stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan"
vesting financial
"Restricted stock will vest in annual installments, with portions already vested as of the filing date"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did the BWFG insider Lawrence B. Seidman do on September 8, 2026?
He reported buying 5,266 shares of Bankwell Financial Group, Inc. common stock in multiple open-market transactions, all classified as indirect ownership through various affiliated entities and a Deferred Compensation Plan.
Which affiliated entity holds the largest BWFG position in this Form 4?
Among the entities listed, Seidman and Associates, L.L.C. is reported with the largest position, holding 225,640 BWFG common shares indirectly following the September 8, 2026 purchase of 1,956 shares at $66.92 per share.
Were the BWFG insider purchases made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5‑1 checkbox is not marked as an affirming plan, and there is no disclosure in the footnotes indicating that the reported BWFG share purchases were made pursuant to a Rule 10b5‑1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
